The People's Bank of China (PBOC) added a dozen new lenders to the e-CNY ecosystem to enhance service inclusiveness:
In April 2026, China significantly expanded its digital yuan (e-CNY) program by authorizing to act as operators, bringing the total number of authorized banks to 22. This expansion is part of a broader "Action Plan" launched on January 1, 2026, to transition the digital currency from a cash substitute to a more mature "digital deposit money". Key Expansion Details (April 2026) Beijing, Shanghai to Join Wider Testing of Digi...
: Houses the e-CNY Operations and Management Center, which oversees domestic systems, infrastructure maintenance, and regulatory governance. The People's Bank of China (PBOC) added a